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A popular Indian crypto aggregator and exchange that simplifies access to multiple platforms via one app. It’s among the fastest-growing in India, with strong engagement in policy discussions and advocacy for regulatory reforms.
Founded & Purpose
CoinSwitch Kuber was launched in 2020 by founders Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari. Built upon the earlier aggregator CoinSwitch (2017), the platform’s goal is to simplify crypto investing—making it as easy as ordering food online—through clear pricing, easy-to-use interfaces, and educational resources.
Notable Achievements
Fastest growing crypto app in India, surpassing 10 million registered users within ~15 months, with about 7 million actively transacting monthly.
Achieved unicorn status in 2021 after raising $260 million in Series C funding from top-tier investors like a16z and Coinbase Ventures, valuing the company at $1.9 billion.
User Base & Reach
Known for high adoption among millennials, 75% of users are aged 18–35, the average age is 24, and more than half are from Tier 2 and 3 cities in India.
The app serves a diverse user base across over 4,000 cities, with average monthly investments ranging from INR 3,500–11,600 depending on city tier.
Mission
CoinSwitch aims to democratize financial investment by making crypto accessible to all Indians—through education, simplified user experiences, and transparent pricing.